--- title: "Turkey's Foreign Reserves Plummet Amid Iran Conflict" type: "News" locale: "en" url: "https://longbridge.com/en/news/286225624.md" description: "Turkey's foreign reserves saw a record decline in March due to the Iran conflict, leading to global selloffs in emerging market assets and pressure on the lira. The situation highlights the significant impact of geopolitical tensions on Turkey's financial stability and the broader vulnerability of emerging economies to international conflicts, causing investors to withdraw from riskier markets." datetime: "2026-05-13T08:37:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286225624.md) - [en](https://longbridge.com/en/news/286225624.md) - [zh-HK](https://longbridge.com/zh-HK/news/286225624.md) --- # Turkey's Foreign Reserves Plummet Amid Iran Conflict Turkey's foreign reserves experienced a record monthly decline in March, driven by the Iran war, which has led to global selloffs in emerging market assets and put pressure on the lira. Bloomberg posted on X, highlighting the significant impact of the conflict on Turkey's financial stability. The geopolitical tensions have exacerbated existing economic challenges, causing investors to retreat from riskier markets. This development underscores the vulnerability of emerging economies to international conflicts and their potential ripple effects on global financial markets. ### Related Stocks - [TUR.US](https://longbridge.com/en/quote/TUR.US.md) ## Related News & Research - [Turkey Restarts FX Swaps to Counter War Impact on Reserves](https://longbridge.com/en/news/281160516.md) - [SENIOR IRANIAN SOURCE: IRAN'S URANIUM ENRICHMENT AND ITS CONTROL OVER STRAIT OF HORMUZ REMAIN AMONG STICKING POINTS](https://longbridge.com/en/news/287267667.md) - [AL-ARABIYA REPORTER: IRAN PRESIDENT PEZESHKIAN IS SPEARHEADING EFFORTS TO RESTRAIN THE IRGC'S OVERSTEPPING ON POLITICAL AND DIPLOMATIC POLICY-MAKING](https://longbridge.com/en/news/287258581.md) - [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md) - [TURKEY’S FX SALES REACH $8 BILLION AFTER COURT RULING TO REMOVE MAIN OPPOSITION LEADER](https://longbridge.com/en/news/287255398.md)